NOT LISTED FOR SALE

7471 W Missaukee Blvd Lake City, MI 49651

Estimated Value: $193,000 - $251,000

2 Beds
1 Bath
1,420 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $95,000 $67 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $1,301/month

182 Days on Market

Highlights

  • Property is near a lake
  • Corner Lot
  • Workshop
  • Seasonal View
  • Cottage
  • 1 Car Attached Garage

About This Home

As of August 2020

A year round home or an up North cottage getaway, you choose! This 2 bedroom 1 bath home has road access to a sandy beach area on Lake Missaukee, without paying the high taxes! This home is located just outside Lake City, in a quiet setting, sitting on 2 large lots,with attached workshop and garage, with a breezeway to 2 large bedrooms, 2 living room areas that could be converted into additional bedroom space or office, additional space in upstairs attic, 1 wood burning fireplace and another gas fireplace are just a few of the highlights of this home.

Last Agent to Sell the Property

Russell Elliott

City2Shore Real Estate Northern Michigan License #6502410130 Listed on: 01/16/2020

Co-Listed By

Doug Sprik

City2Shore Real Estate Northern Michigan License #6501418480

Last Buyer's Agent

Russell Elliott

City2Shore Real Estate Northern Michigan License #6502410130 Listed on: 01/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 96x110
  • Corner Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,420 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Workshop
  • Seasonal Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near a lake

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage
  • Estimated Year Built: 1950
  • Construction: Frame
  • Section Number: 11
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Workshop
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 9x15
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 9.6x10.5
  • Living Room: Dimensions: 18x21.5
  • Estimated Above Ground Finished Sq Ft: 1420
  • Price Per Sq Ft: 66.9
  • Range: R 8W
  • Total Finished Sf Apx: 1420

Exterior Features

  • Additional Buildings: Workshop
  • Exterior Features: Seasonal View
  • Exterior Finish: Aluminum
  • Foundation: Slab
  • Number Of Acres: 0.24
  • Road: Public Maintained, Blacktop
  • Roof: Metal/Steel
  • Water Features: All Sports, Public Lake

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Schools

  • School District: Lake City Area School District

Lot Info

  • Land Features: Corner Lot, Level
  • Lot Dimensions: 96x110
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Lake City Area School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Aug 20, 2020
Sold by
Venhuizen Steven D
Bought by
Bierman Richard F and Morris Carol
Seller's Agent
Russell Elliott
City2Shore Real Estate Northern Michigan
Buyer's Agent
Russell Elliott
City2Shore Real Estate Northern Michigan
List Price
$106,900
Sold Price
$95,000
Premium/Discount to List
-$11,900
-11.13%
Current Estimated Value
$215,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,375
Avg. Annual Appreciation
17.56%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bierman Richard F $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $95,000 -11.1% $67 / Sq Ft
01/16/2020 01/16/20 For Sale $106,900 +52.7% $75 / Sq Ft
03/15/2016 03/15/16 Sold $70,000 -6.5% $49 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $74,900 -- $53 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,642 $101,800 $11,100 $90,700
2024 $648 $88,000 $10,400 $77,600
2023 $618 $69,200 $6,400 $62,800
2022 $588 $57,500 $6,200 $51,300
2021 $1,415 $52,400 $6,500 $45,900
2020 $423 $49,700 $6,200 $43,500
2019 $415 $45,800 $5,900 $39,900
2018 $1,047 $37,400 $0 $0
2017 $1,026 $36,400 $0 $0
2016 $1,198 $44,100 $0 $0
2015 -- $42,600 $0 $0
2014 $1,286 $63,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1871018

Northern Great Lakes REALTORS® MLS

APN: 009-470-127-00